Italy / Slovakia

Italy-Slovakia Trade: In 2023, Italy exported $4.17B to Slovakia. The main products that Italy exported to Slovakia were Motor vehicles; parts and accessories (8701 to 8705) ($368M), Packaged Medicaments ($110M), and Other Plastic Products ($86.2M). Over the past 5 years the exports of Italy to Slovakia have increased at an annualized rate of 3.17%, from $3.57B in 2018 to $4.17B in 2023.

In 2020, Italy exported services to Slovakia worth $389M, with Travel ($158M), Transportation ($97M), and Other business services ($87.7M) being the largest in terms of value.

Slovakia-Italy Trade: In 2023, Slovakia exported $5.07B to Italy. The main products that Slovakia exported to Italy were Cars ($1.56B), Motor vehicles; parts and accessories (8701 to 8705) ($375M), and Video Displays ($219M). Over the past 5 years the exports of Slovakia to Italy have increased at an annualized rate of 0.74%,  from $4.89B in 2018 to $5.07B in 2023.

In 2020, Slovakia exported services to Italy worth $288M, with Transportation ($185M), Other business services ($35.8M), and Travel ($35.3M) being the largest in terms of value.

Comparison: In 2023,  Italy ranked 18 in the Economic Complexity Index (ECI 1.29), and 6 in total exports ($638B). That same year, Slovakia ranked 15 in the Economic Complexity Index (ECI 1.35), and 39 in total exports ($107B).